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CNBC
May 9, 2013 6:00am EDT
investors lately. >>> in news outside the world of business today, prince harry will be arriving in washington to kick off his seven-day tour to the united states. a visit to super storm andy ravaged shores is on the itinera itinerary. [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. >>> u.s. equities at this hour are higher. they are mixed. continued new records. right thou, the dow futures are up by less than 4 points. s&p futures down by less than a point. we'll see where things head as
CNBC
May 7, 2013 6:00am EDT
friend of harry truman. and barney frank know each other for a long time. barney makes a speech at the press club in the spring of '09 inviting small banks to participate in the process. fein picks it up. thanks him. they start back channel. ends up in frank's office. frank said i need you. cam, let's make a deal. they make a deal. fein will keep it neutral on the consumer protection agency. and frank will embrace an amendment to change the formula for fdic payments. change it in a way that saves the community banks $1.5 billion. >> so a billion and a half of money paid for the fdic shifts from small banks to big banks in return for neutrality. >> which is huge for barney. >> they stayed neutral. >> what do you think about that? is that good? is that the way we should be making law in america? >> there's a lot that's not good about the way we make laws in america. this is democracy. we make trades, compromises and pull it together. this is not new. it has been going on for years. >> he didn't tell us about that. >> look, cam did well by his people. he did what he was supposed to do. bo
Search Results 0 to 1 of about 2